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Tag Archives: Nigeria

Verbal Abuse In The Workplace

Boss putting his finger in front of an employee to bully her
** Note: Shallow depth of field

“Management by fear never works; respect rules the day for optimal results…”  – LynnTaylor While we are addressing the rampant trend of domestic abuse cases in Nigeria, I feel it is crucial to draw our attention to a similar vice that many choose not to talk about, yet it’s impact in ...

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The First Swissgolden Conference In Nigeria

sg1

Swissgolden held her first Conference in Nigeria on the 4th and 5th of March 2017 at the prestigious International Conference Center (ICC), Abuja, Nigeria. The immensely successful conference brought together over 1200 leaders, partners of the company and dignitaries in the cozy environment for special training and motivation of the leaders ...

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Nigeria officially in recession

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An enlightening synopsis of the Nigerian economy by Chidi Ileka, Head Transaction Banking, Union Bank of Nigeria Plc. Yesterday, the National Bureau of Statistics (NBS) released the Q2 GDP growth rate and July 2016 inflation. The second consecutive quarter of negative GDP growth shows Nigeria is officially in a recession. ...

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Forex crisis and Hezbollah rockets

Forex

You wonder what correlation there is between foreign exchange (forex) and Hezbollah rockets? …I’ll tell you a tale. A few days ago, I was in a business discussion with the Trade Manager of a manufacturing Company in Ikeja, Lagos. A fine Gentleman from Myanmar, given to dramatics, Jack would usually ...

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CBN and the flexible exchange rate system

Exchange Rate

After several months of grappling with the dwindling fortunes of the naira, the Central Bank of Nigeria (CBN) finally liberalised the foreign exchange (FX) market by the re-introduction of the flexible exchange rate inter-bank market. The move, which the CBN Governor stressed, is in line with the bank’s objectives of; ...

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Patriotism: Archbishop Idahosa on Nigeria

Idahosa

I came across this classic message on Nigeria by the Late Archbishop Benson Idahosa and the urgency in his voice compelled me to share. In the short clip, recorded at an Armed Forces Remembrance Day in Benin, probably in the Eighties, the revered Archbishop Idahosa addressed the subject of Nigeria ...

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CBN eventually yields to sound reasoning

CBN

After four months of intense engagement by stake holders, the Central Bank of Nigeria (CBN) eventually yielded to sound reasoning and released a circular, allowing importers of the restricted 41 items, that have letters of credit opened prior to the policy change, access to the foreign exchange market. The CBN had ...

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